๐ด $TUT | SHORT โ Sellers dominate on the 1H and 4H timeframes
TUT continues to maintain a bearish structure, with price below the EMA50 and EMA200 on both timeframes. The 4H RSI at 28.6 indicates strong selling pressure, but a technical rebound is also possible.
๐ SHORT Plan
* Entry: 0.0167854 โ 0.0168346
* TP1: 0.0164554 (-2.1%)
* TP2: 0.0162190 (-3.5%)
* TP3: 0.0158645 (-5.6%)
* SL: 0.0172828 (+2.8%)
๐ Trend confirmation: 5/12 signals are aligned, with no opposing signals. The 1H RSI is at 40.15, continuing to lean bearish.
โ ๏ธ Confidence is only moderate. Consider waiting for price to react at the Entry zone and keeping position size small.
Trade management: Take 50% profit at TP1, 25% at TP2, and 25% at TP3; move the SL to Entry after TP1.
NFA ยท DYOR.
Tap below to trade with SHIN๐
TUT continues to maintain a bearish structure, with price below the EMA50 and EMA200 on both timeframes. The 4H RSI at 28.6 indicates strong selling pressure, but a technical rebound is also possible.
๐ SHORT Plan
* Entry: 0.0167854 โ 0.0168346
* TP1: 0.0164554 (-2.1%)
* TP2: 0.0162190 (-3.5%)
* TP3: 0.0158645 (-5.6%)
* SL: 0.0172828 (+2.8%)
๐ Trend confirmation: 5/12 signals are aligned, with no opposing signals. The 1H RSI is at 40.15, continuing to lean bearish.
โ ๏ธ Confidence is only moderate. Consider waiting for price to react at the Entry zone and keeping position size small.
Trade management: Take 50% profit at TP1, 25% at TP2, and 25% at TP3; move the SL to Entry after TP1.
NFA ยท DYOR.
Tap below to trade with SHIN๐
